Sahm Adrangi started the Kerrisdale Capital more than ten years ago, and the corporation has been flourishing. The firm is oriented towards research and is versed increating prognosis based on that research. The Kerrisdale capital creates reports and bets for or against corporations in the industries of mining, biotech, and telecommunication.
One of the latest reports created and published by the Kerrisdale capital was on the company of QuinStreet, Inc. The report was of a negative nature and detailed the observation of the Kerrisdale Capital about suspicious traffic that the company has been getting to affiliated and proprietary websites.
The traffic essentially generates revenue for the QuinStreet, Inc whenever a user clicks on the links and fills out forms, subscribes, or purchases something. That boosts the revenue at the corporation for the expense of its clients, according to the report of the Kerrisdale Capital.
Kerrisdale Capital explains in its report that recently the QuinStreet, Inc has had a growth in revenue and that growth has come almost wholly from one single client. That fact has been overlooked by the market, and the focus had been shifted on management instead. The Kerrisdale capital also details several flaws in the business model of the QuinStreet, Inc, describing it to be of low quality.
The QuinStreet Inc has been around for several years. The corporation is working n internet marketing. The stock prices of the business have recently increased four times, and investors have become filled with optimism about the future of the company. The firm has been slowing down until recently, and investors believe the business will make a strong comeback in its line of work.
Taking into consideration that the Kerrisdale Capital has a short position on the QuinStreet, Inc, the former sads to profit it the share price of the later falls. Sahm Adrangi’s Kerrisdale Capital has a good track record of creating accurate forecasts and reports about businesses, and so it is possible that it has another win coming its way.
The founder of the business, Sahm Adrangi, grew his career based on noticing the fraudulent behavior of companies. Sahm Adrangi revealed several such companies shortly after starting the Kerrisdale Capital.